Financial Services - Banks - Regional - NASDAQ - US
$ 22.98
-0.277 %
$ 25 B
Market Cap
29.54
P/E
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services.[ Read More ]
The intrinsic value of one HBANM stock under the base case scenario is HIDDEN Compared to the current market price of 23 USD, Huntington Bancshares Incorporated is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart HBANM
FINANCIALS
7.36 B
REVENUE
2.38 B
OPERATING INCOME
1.97 B
NET INCOME
2.66 B
OPERATING CASH FLOW
-3 B
INVESTING CASH FLOW
3.76 B
FINANCING CASH FLOW
1.87 B
REVENUE
642 M
OPERATING INCOME
522 M
NET INCOME
-438 M
OPERATING CASH FLOW
-2.88 B
INVESTING CASH FLOW
2.46 B
FINANCING CASH FLOW
Balance Sheet Decomposition
Huntington Bancshares Incorporated
| Current Assets | 10.1 B |
| Cash & Short-Term Investments | 10.1 B |
| Receivables | 0 |
| Other Current Assets | 0 |
| Non-Current Assets | 7.34 B |
| Long-Term Investments | 0 |
| PP&E | 1.11 B |
| Other Non-Current Assets | 6.23 B |
| Current Liabilities | 2 M |
| Accounts Payable | 0 |
| Short-Term Debt | 2 M |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 169 B |
| Long-Term Debt | 12.4 B |
| Other Non-Current Liabilities | 157 B |
EFFICIENCY
Earnings Waterfall
Huntington Bancshares Incorporated
| Revenue | 7.36 B |
| Cost Of Revenue | 0 |
| Gross Profit | 7.36 B |
| Operating Expenses | 115 M |
| Operating Income | 2.38 B |
| Other Expenses | 413 M |
| Net Income | 1.97 B |
RATIOS
100.00%
GROSS MARGIN
32.39%
OPERATING MARGIN
26.51%
NET MARGIN
10.08%
ROE
1.03%
ROA
6.21%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Huntington Bancshares Incorporated
| Net Income | 1.97 B |
| Depreciation & Amortization | 798 M |
| Capital Expenditures | -140 M |
| Stock-Based Compensation | 97 M |
| Change in Working Capital | -339 M |
| Others | 93 M |
| Free Cash Flow | 2.52 B |
Wall Street Analysts Price Targets
Huntington Bancshares Incorporated
HBANM has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
1.23%
DIVIDEND YIELD
0.356 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Huntington Bancshares Incorporated
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
30.2 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
11 months ago
Nov 21, 2023
|
Sell 30.2 K USD
|
Houston Helga
Senior Exec. V. P. |
- 2750
|
10.975 USD |
|
1 year ago
Nov 07, 2023
|
Sell 45 K USD
|
Houston Helga
Senior Exec. V. P. |
- 4300
|
10.465 USD |
|
1 year ago
Aug 09, 2023
|
Sell 283 K USD
|
Heller Paul G
Sr. EVP & Chief Technology Off |
- 23816.569
|
11.8915 USD |
|
1 year ago
Aug 09, 2023
|
Sell 147 K USD
|
Houston Helga
Senior Exec. V. P. |
- 12280
|
11.97 USD |
|
1 year ago
May 31, 2023
|
Bought 2.07 K USD
|
Diaz-Granados Rafael
Director |
+ 200
|
10.35 USD |
|
1 year ago
May 30, 2023
|
Bought 250 K USD
|
TORGOW GARY
Director |
+ 23680
|
10.5631 USD |
|
1 year ago
May 12, 2023
|
Sell 1.47 M USD
|
Heller Paul G
Sr. EVP & Chief Technology Off |
- 160000
|
9.1891 USD |
|
1 year ago
May 03, 2023
|
Sell 1.01 M USD
|
Wasserman Zachary Jacob
CFO and Senior Exec. V.P. |
- 98608
|
10.2484 USD |
|
1 year ago
Apr 26, 2023
|
Bought 216 K USD
|
Phelan Kenneth J
Director |
+ 20000
|
10.8 USD |
|
1 year ago
Nov 29, 2022
|
Sell 762 K USD
|
Jones Michael Scott
Senior Exec. V.P. |
- 50000
|
15.2496 USD |
|
2 years ago
Nov 15, 2022
|
Sell 31.8 K USD
|
Dennis Donald Lee
Executive V.P. |
- 2100
|
15.136 USD |
|
2 years ago
Nov 15, 2022
|
Sell 711 K USD
|
Houston Helga
Senior Exec. V. P. |
- 47000
|
15.1354 USD |
|
2 years ago
Nov 10, 2022
|
Sell 191 K USD
|
Kleinman Scott D
Senior Exec. V.P. |
- 12322
|
15.5 USD |
|
2 years ago
Nov 07, 2022
|
Sell 433 K USD
|
Wasserman Zachary Jacob
CFO and Senior Exec. V.P. |
- 28055
|
15.44 USD |
|
2 years ago
Nov 07, 2022
|
Sell 151 K USD
|
Kleinman Scott D
Senior Exec. V.P. |
- 9749
|
15.5 USD |
|
2 years ago
Nov 04, 2022
|
Sell 307 K USD
|
Heller Paul G
Sr. EVP & Chief Technology Off |
- 20195
|
15.2106 USD |
|
2 years ago
Oct 25, 2022
|
Bought 248 K USD
|
TORGOW GARY
Director |
+ 16835
|
14.7541 USD |
|
3 years ago
Oct 04, 2021
|
Sell 3.41 K USD
|
Syal Rajeev
SEVP |
- 213
|
16 USD |
|
3 years ago
May 07, 2021
|
Sell 2.07 M USD
|
Thompson Mark E
Senior EVP of Principal Sub. |
- 131185
|
15.75 USD |
|
3 years ago
Feb 23, 2021
|
Sell 2.72 M USD
|
Pierce Sandra E.
Senior Exec Vice President |
- 172909
|
15.711 USD |
|
3 years ago
Feb 16, 2021
|
Sell 522 K USD
|
Maloney Nancy E
EVP and Controller |
- 35022
|
14.9 USD |
|
3 years ago
Feb 03, 2021
|
Sell 1.03 M USD
|
Heller Paul G
Sr. EVP & Chief Technology Off |
- 75646
|
13.575 USD |
|
6 years ago
May 04, 2018
|
Sell 28.5 K USD
|
Maloney Nancy E
EVP and Controller |
- 1958
|
14.535 USD |
|
8 years ago
Aug 29, 2016
|
Sell 23.1 K USD
|
Anderson David S.
EVP & Controller |
- 2353
|
9.823 USD |
|
8 years ago
Aug 29, 2016
|
Sell 29.5 K USD
|
Anderson David S.
EVP & Controller |
- 3000
|
9.822 USD |
|
8 years ago
Aug 29, 2016
|
Sell 35.9 K USD
|
Anderson David S.
EVP & Controller |
- 3653
|
9.825 USD |
7. News
Huntington Bancshares Incorporated (HBAN) Q3 2024 Earnings Call Transcript
Huntington Bancshares Incorporated (NASDAQ:HBAN ) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Tim Sedabres - Director, Investor Relations Steve Steinour - Chairman, President and CEO Zach Wasserman - Chief Financial Officer Brendan Lawlor - Chief Credit Officer Conference Call Participants Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America Jon Arfstrom - RBC Capital Markets Erika Najarian - UBS Matt O'Connor - Deutsche Bank Sean Sorahan - Evercore ISI Operator Greetings, and welcome to the Huntington Bancshares 2024 Third Quarter Earnings Review. At this time, all participants will be in a listen-only mode.
seekingalpha.com
- 1 month ago
Huntington Bancshares Incorporated Declares Cash Dividend On Its Series I Preferred Stock
COLUMBUS, Ohio , Sept. 13, 2024 /PRNewswire/ -- Huntington Bancshares Incorporated announced that the Board of Directors declared and set aside a quarterly cash dividend on the company's 5.70% Series I Non-Cumulative Perpetual Preferred Stock (Nasdaq: HBANM) of $356.25 per share (equivalent to $0.35625 per depositary share) payable December 2, 2024, to shareholders of record on November 15, 2024.
prnewswire.com
- 2 months ago
8. Profile Summary
Huntington Bancshares Incorporated HBANM
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 25 B
Dividend Yield
1.23%
Description
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company operates through four segments: Consumer and Business Banking; Commercial Banking; Vehicle Finance; and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, credit cards, and consumer and small business loans, as well as investment products. This segment also provides mortgages, insurance, interest rate risk protection, foreign exchange, automated teller machine, and treasury management services, as well as online, mobile, and telephone banking services. It serves consumer and small business customers. The Commercial Banking segment offers regional commercial banking solutions for middle market businesses, government and public sector entities, and commercial real estate developers/REITs; and specialty banking solutions for healthcare, technology and telecommunications, franchise finance, sponsor finance, and global services industries. It also provides asset finance services; capital raising solutions, sales and trading, and corporate risk management products; institutional banking services; and treasury management services. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment offers private banking, wealth and investment management, and retirement plan services. As of March 18, 2022, the company had approximately 1,000 branches in 11 states. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.
Contact
Huntington Center, Columbus, OH, 43287
https://www.huntington.com
IPO Date
June 10, 2021
Employees
19896
Officers
Ms. Marcy C. Hingst
Senior EVice President & General Counsel
Mr. Timothy W. Miller
Executive Vice President & Chief Communications Officer
Mr. Timothy R. Sedabres
Executive Vice President & Head of Investor Relations
Mr. Brantley J. Standridge
Senior EVice President and President of Consumer & Business Banking
Mr. Stephen D. Steinour
Chairman, President & Chief Executive Officer
Mr. Kendall Kowalski
Executive Vice President & Chief Information Officer
Ms. Sarah Pohmer
Senior EVice President & Chief Human Resources Officer
Mr. Scott D. Kleinman
Senior Executive Vice President & President of Commercial Banking
Ms. Nancy E. Maloney
Executive Vice President, Controller & Principal Accounting Officer
Mr. Zachary J. Wasserman
Chief Financial Officer & Senior EVice President